CFO Share

MAY 22, 2024

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. What is a Financial Statement? You won’t be able to sell your business.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

The Charity CFO

APRIL 29, 2022

A financial statement audit is a thorough review of your financial statements to determine if your financial statements present fairly, in all material respects, in accordance with generally accepted accounting principles. The purpose of a financial statement audit is NOT to detect fraud.

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

Future CFO

APRIL 18, 2022

It also helps finance teams deliver financial results, create informative financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.

Finance 52

Finance IFRS GAAP Accounting Principles 52

Future CFO

AUGUST 1, 2023

As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises?

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

https://trustedcfosolutions.com/feed/

FEBRUARY 11, 2023

Having the right strategies in place helps open up new opportunities while preventing major roadblocks in your financial reporting. A continuous close turns what once was a lengthy activity, into an independent process that seamlessly runs in the background, keeping accounts up to date.

Accounts Payable 62

Accounts Payable Reconciliations Leverage CFO 62

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

Future CFO

NOVEMBER 27, 2023

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. Avoiding boilerplate language while accounting policies should be specific to the company and its business.

IFRS 52

IFRS Accounting Standards Performance Measuring Reconciliations 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals. In a recent Robert Half survey , 38% of U.S.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

SEPTEMBER 14, 2020

Like many office occupations, accounting is one of those that is heavy into paper, heavy into people, and very heavy into hours of work in the office. Dr Josh Heniro, Institute of Management Accountants. To be clear, accounting didn’t wait for COVID-19 to initiate change. Before to COVID-19, how was accounting performed?

Accounting 40

Accounting Leadership Finance Profit and Loss 40

The Charity CFO

JANUARY 5, 2023

Maintaining healthy financial management is critical for the organization’s sustainability, stability, and flexibility, now and in the future. Poor financial reporting. They should clarify the roles, authority, and responsibilities for essential financial management activities and decisions. . Timely reporting.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

The Finance Weekly

APRIL 27, 2022

Doing so as a CFO requires the following actions: 1. Additionally, the CEO, CFO, and other C-suite members must lead by example to ensure consistency between their actions and their expectations. Quality Financial Reporting: Given their utmost criticality, financial closings have to be completed accurately and efficiently.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) CFO Communication 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

CFO Plans

AUGUST 21, 2020

. – Associate Controller, CFO Plans. It consists of integrity and ethical value, independence of the Board from management and culture lays emphasis on accountability for controls within the entity. It streamlines the staff and makes them accountable with specified guidelines. What is an internal control system?

Compliance 52

Compliance Reconciliations Communication CFO 52

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Planful

JANUARY 11, 2022

Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. This was great for business but led to increasingly long financial reconciliation times. Finance and accounting professionals will continue to work late into the night. 1 – Let AI do the heavy lifting.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

The Charity CFO

JANUARY 19, 2023

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Planful

DECEMBER 28, 2016

To discuss the topic of financial reporting tips that will help create a smoother year-end close, Planful, in cooperation with CFO.com, invited thought leaders from The Hackett Group to participate in a webinar titled, The CFO Playbook on Financial Reporting: Tips for a Smoother Year-End Close.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

Embark With Us

JANUARY 19, 2022

But take a step further than a tool's sweet spot and a CFO is asking for trouble. So give us a few minutes as we explain how Alteryx is the next evolutionary step from Microsoft Excel and, most importantly, how it can reinvent your accounting function into a streamlined, nimble, and value-adding powerhouse for your entire enterprise.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Client Trust Accounts (IOLTA): Mismanagement of client trust accounts can lead to serious ethical and legal consequences.

Auditing 52

Auditing Reconciliations Compliance Securities 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? So, why are so many companies relying on them to handle their financial needs?

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

CFO Simplified

APRIL 8, 2022

Bring Value through CFO Insights. This person learns all the ins and outs of the accounting system and everything else about the business. The office manager controlled the company’s financial operations. She did payroll, accounts payable, invoicing and cash receipts. Bank reconciliations should be reviewed by management.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Reconciliations Forecasting 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. So, why are so many companies relying on them to handle their financial needs? So, why are so many companies relying on them to handle their financial needs?

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

CFO Simplified

NOVEMBER 28, 2022

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . What is the Inventory Value Report? An inventory value report is a financial report that lists the value of a company’s inventory at a specific point in time.

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

The Charity CFO

MARCH 2, 2022

I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.”. Isabel is the Onboarding Specialist at The Charity CFO. For more nonprofit accounting resources check out www.thecharitycfo.com. ?? Is this you? “I In this episode, you’ll discover….

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

The Finance Weekly

OCTOBER 13, 2021

While using M&A and divestitures to accomplish organizational growth can be extremely advantageous, it is also one of the most difficult tasks a CFO can face. Make a financial reporting strategy. Consider the following questions: Will you transfer Company A's ERP system to Company B's? Think through the “extended” process.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

CFO News Room

NOVEMBER 2, 2022

Though Section 203(c)(1)(D) of the Advisers Act contemplates the possible adoption of a rule that requires the submission of a balance sheet certified by an independent public accountant and “other financial statements,” the SEC has to-date not adopted such a rule. fee deduction authority), it can avoid the annual surprise exam.

Compliance 130

Compliance GAAP Investments Advertising 130